Citizens, residents (tax or otherwise) and green card holder of the United States of America or Singapore, or other U.S. or Singapore person are exempt from buying MNT tokens. The term “U.S. or Singapore Person” refers to anyone who lives in the United States or Singapore or to any entity that is incorporated under United States or Singapore law. American citizens living abroad can also be considered “U.S. Persons” under certain conditions.

Release of MNT tokens are done by Ethereum-based smart contracts, specially used for distribution of tokens. 80% of 10 000 000 MNT are released during ICO launch. GoldMint team receives two million MNT tokens, and no more than 500 000 per quarter distributed via a special wallet. Some consultants receive MNT tokens two months after ICO launch. Smart contracts can automatically trade ETH into MNT. The number of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.

GoldMint’s blockchain, using the​ ​Graphene​ platform will be launched.

Advantages of such a choice compared to using an Ethereum private fork are as follows:

1. Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. 2. More productive - GoldMint uses PoS, is optimized for GOLD transactions as there are no other ICOs on the same platform. 3. Cheaper - no charge for ether commissions. 4. The Graphene blockchain supports PoS.

To start mining, you just needs to download a program from the GoldMint repository, launch it on your device, fine-tune it and start mining. Consensus algorithm : We use PoS as our primary mining system. In case a user who holds many MNT doesn’t have enough computational power, he can rent computational power from other miners.

Miner rotation The amount of stakes depends on the amount of MNT a miner holds. So, if a miner owns 50% MNT, he will be chosen to process every second block.

Miner rewards A miner receives a GOLD commission from each processed block. When the block is processed, no tokens are emitted.

Our ICO is today!If you invest in the first 700,000 MNTP tokens you will receive an additional 20% of tokens on top.Visit our website: https://goldmint.io/ico_______________________________________________________________

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees